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RHI Magnesita NV (RHIM.L)

RHIM.L on London Stock Exchange

3,520.00GBp
16 Nov 2018
Change (% chg)

-18.00 (-0.51%)
Prev Close
3,538.00
Open
3,530.00
Day's High
3,582.00
Day's Low
3,496.00
Volume
87,272
Avg. Vol
72,465
52-wk High
5,350.00
52-wk Low
3,354.00

Latest Key Developments (Source: Significant Developments)

RHI Magnesita Says Ian Botha Becomes New CFO
Friday, 21 Sep 2018 

Sept 21 (Reuters) - RHI Magnesita NV ::SAYS IAN BOTHA BECOMES NEW CFO.SAYS IAN WILL JOIN COMPANY ON 1 APRIL 2019.SAYS OCTAVIO LOPES, WILL UNTIL HIS DEPARTURE, FOCUS ON DELIVERING FINAL STEPS OF MERGER BETWEEN RHI AND MAGNESITA.  Full Article

RHI Magnesita: Ian Botha Nominated As New CFO And Finance Director
Friday, 21 Sep 2018 

Sept 21 (Reuters) - RHI Magnesita NV ::IAN BOTHA HAS BEEN NOMINATED AS NEW CFO AND FINANCE DIRECTOR.  Full Article

RHI Magnesita: New $600 Mln 5-Year Term Loan And Multi-Currency Revolving Credit Facility
Monday, 6 Aug 2018 

Aug 6 (Reuters) - RHI Magnesita NV ::RHI MAGNESITA NV - NEW US$600 MILLION 5-YEAR TERM LOAN AND MULTI-CURRENCY REVOLVING CREDIT FACILITY.  Full Article

RHI Magnesita Q1 Operating EBITA At EUR 113 Mln
Tuesday, 8 May 2018 

May 8 (Reuters) - RHI MAGNESITA NV ::Q1 REVENUE WAS EUR 745M, 23% HIGHER THAN COMPARATIVE PERIOD ON A CONSTANT CURRENCY BASIS*.PRICE INCREASES PROMOTED STRONG DEVELOPMENT IN REVENUES, MORE THAN OFFSETTING HIGHER RAW MATERIAL INPUT COSTS.EXPECT BUSINESS TO DEVELOP VERY POSITIVELY IN 2018.Q1 OPERATING EBITA INCREASED BY ALMOST 70% ON A CONSTANT CURRENCY BASIS, TO EUR 113M.  Full Article

RHI Magnesita: early redemption of Magnesita Refratarios' notes
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - RHI MAGNESITA NV ::NOTICE OF REDEMPTION.EARLY REDEMPTION OF AMOUNT OUTSTANDING ($63.3 MILLION) OF ITS $ 400 MILLION 7.875% SENIOR NOTES DUE MARCH 2020.EARLY REDEMPTION TO BE EFFECTED ON 30 MARCH,2018.  Full Article

RHI Magnesita announces early redemption of part of 8.625 pct perpetual notes
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Rhi Magnesita Nv ::‍HAS GIVEN NOTICE TODAY FOR EARLY REDEMPTION OF US$70 MILLION OF ITS US$250 MILLION 8.625% PERPETUAL NOTES, TO BE EFFECTED ON JANUARY 26, 2018, AT A PRICE EQUAL TO 100% OF PRINCIPAL AMOUNT PLUS ACCRUED AND UNPAID INTEREST​.  Full Article

RHI Magnesita to use Intocast proceeds to reduce debt​
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Rhi Magnesita Nv ::‍ON SEPTEMBER 8, 2017, RHI AG AND MAGNESITA AGREED TO SELL THESE PLANTS TO INTOCAST AKTIENGESELLSCHAFT FEUERFEST-PRODUKTE UND GIEßHILFSMITTEL FOR EUR 42.6M​.‍DISPOSAL WAS SUBJECT TO, AMONG OTHER CONDITIONS, BUYER APPROVAL BY EUROPEAN COMMISSION, WHICH HAS NOW BEEN OBTAINED​.‍PROCEEDS FROM SALE WILL BE USED TO FURTHER REDUCE COMPANY'S NET DEBT​.  Full Article

RHI Magnesita buys Swedish Agellis Group
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Rhi Magnesita Nv says::acquires 100% of the shares of Agellis Group AB, Lund (Sweden)‍​.acquisition is strategic extension of its product range with advanced innovative measurement technology‍​.Says operational and financial integration of Agellis is expected to be finished by the end of 2017.  Full Article

Rhi Magnesita says 2017 earnings growth to follow nine-month trend
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Rhi Magnesita Nv :Rhi Magnesita CEO says full-year earnings growth will follow nine-month trend.  Full Article

RHI London listing due on Oct. 27 after merger with Magnesita
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - RHI AG ::‍Listing prospectus approved, final steps for business combination of RHI and Magnesita decided​.‍First day of trading on London Stock Exchange anticipated on October 27, 2017​.‍Last trading day on Vienna Stock Exchange expected for October 25, 2017​.‍Closing date of transaction foreseen for October 26, 2017​.‍Last trading day on Vienna stock exchange expected for October 25, 2017​.The controlling shareholders and additional sellers adhered to the share purchase agreement will deliver 50% plus one share in Magnesita and therefore will jointly receive a payment of 117.3 million euros in cash and 5.0 million newly issued shares in RHI Magnesita.  Full Article